question of appropriate expectations and desired levels of risk taking. A portfolio that always succeeds would not be pushing the technology envelope. A very high rate of “success” would thus, paradoxically, suggest an inappropriate use of the program. Understanding the nature of success and the appropriate benchmarks for a program with this focus is therefore important to understanding the SBIR program and the approach of this study.

The National Academies of Sciences, Engineering, and Medicine
500 Fifth St. N.W. | Washington, D.C. 20001

Copyright © National Academy of Sciences. All rights reserved.
Terms of Use and Privacy Statement